MELBOURNE, July 10 (Reuters) - London copper edged up on Monday after a solid U.S. jobs report buoyed hopes that an economic recovery is taking root in the world's top economy, which spurred appetite for risky assets.
FUNDAMENTALS
* LME COPPER: London Metal Exchange copper CMCU3 edged up by 0.2 percent to $5,841.50 a tonne by 0134 GMT, after small losses in the previous session. Copper prices are consolidating in a narrow range of $5,800-$5,965 since late June.
* SHFE COPPER: Shanghai Futures Exchange copper SCFcv1 traded up 0.1 percent at 46,950 yuan ($6,903) a tonne.
* JAPAN ECONOMY: Japan's core machinery orders unexpectedly tumbled in May, and the government downgraded the outlook for orders for the first time in eight months, raising doubts about the strength of the economic recovery. US ECONOMY: The U.S. economy continues to churn out jobs and grow at a steady pace, with investment and consumer confidence both healthy and only moderate signs of risk in financial markets, the U.S. Federal Reserve said on Friday in its semiannual report to Congress. CHINA ECONOMY: China's economy will maintain steady and improving momentum in the second half of this year, but it still faces many difficulties, state radio quoted Premier Li Keqiang as saying on Friday. NICKEL: Cuba plans to produce 54,500 tonnes of nickel and cobalt sulfides this year, state-run television said at the weekend. COPPER SPECULATORS: Hedge funds and money managers in the week to July 3 raised their net long position in COMEX copper futures and options, U.S. Commodity Futures Trading Commission (CFTC) data showed on Friday.
* For the top stories in metals and other news, click
TOP/MTL or MET/L
MARKETS NEWS
* Asian stocks rallied on Monday, lifted by Wall Street's strong performance late last week, while the U.S. dollar extended gains made after much stronger than expected June employment data. MKTS/GLOB
DATA/EVENTS
0600
Germany
Trade data
May
0830
Euro zone Investor sentiment index
July
1900
US
Consumer credit
May
PRICES
Three month LME copper
CMCU3
Most active ShFE copper
SCFcv1
Three month LME aluminium
CMAL3
Most active ShFE aluminium
SAFcv1
Three month LME zinc
CMZN3
Most active ShFE zinc
SZNcv1
Three month LME lead
CMPB3
Most active ShFE lead
SPBcv1
Three month LME nickel
CMNI3
Most active ShFE nickel
SNIcv1
Three month LME tin
CMSN3
Most active ShFE tin
SSNcv1
ARBS
LMESHFCUc3
LMESHFALc3
LMESHFZNc3
LMESHFPBc3
LMESHFNIc3 ($1 = 6.8010 Chinese yuan)
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Top Base and Precious Metals Analysis - GFMS
http://tmsnrt.rs/2lvmIzW
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>